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Mixed-Use Land for Sale in Morehead, Kentucky

60 Lakewood Dr, Morehead, KY 40351

$125,000
1.26 acres
Active
ago
Est $937/mo

Discover an incredible investment opportunity with this 1.26-acre lot offering 150feet of road frontage along highly traveled Highway 801 South. /1040 Lakewood Dr. Ideally located just minutes from Cave Run Lake and a short drive to downtown Morehead, this versatile property provides endless potential for both commercial and residential development. The gently rolling terrain and convenient access make it perfect for a wide range of uses - from a retail business, restaurant, or professional office to a vacation rental, cabins, or private residence. With its proximity to one of Kentucky's most popular recreational destinations and Morehead State University, the location offers excellent visibility, steady traffic, and strong growth potential. Whether you're an investor, entrepreneur, or builder, this property is ready to bring your vision to life. Utilities are available nearby, and zoning flexibility makes this a rare find in the area. Highlights: 1.095 acres with 90 ft. of road frontage on Hwy 801 South Minutes from Cave Run Lake and Morehead, KY Suitable for commercial or residential use High visibility and easy access Close to recreation, dining, and Morehead State University Don't miss this opportunity to own a prime piece of property in one of Eastern Kentucky's most desirable areas. Address: 1040 Hwy 801 South, Morehead, KY 40351 Additional Lots Available

Location

Street address
60 Lakewood Dr
Community
Farmers
School district
Rowan County
Elevation
731 feet
Coordinates
38.1266, -83.5443

Directions

Take I-64 East from Lexington Ky to Cave Run Lake Exit turn right go 3 miles property on the left.

Property details

Acreage
1.26 acres
Zoning
Mixed Use
MLS #
MyStateMLS 11601766
Posted

Parcels

  • 022-00 00 009.03

Details and features

Listing

Type
Vacant Land

Lot

View
Mountain, Scenic, Water, Woods

Listing history

DateEventPriceChangeSource
Nov 6, 2025New listing$125,000MyStateMLS
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This 1.26-acre property is located at 60 Lakewood Dr in Morehead, KY 40351. The property is available for sale for $125,000 with a price per acre of $99,206.

Checked 55 mins ago — Updated

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